Bitcoin broke the $40,000 barrier again. But is that any consolation when payment processing time is still 10 minutes? If you still want to buy bitcoin on one of your mobile apps, CoinDesk will make sure you know how.
CoinBase is giving users an opportunity to receive cryptocurrencies as tax refunds through a partnership with TurboTax. In unrelated news, they also have a content moderation policy—just in case Joe Rogan shows up.
The latest development with Tether involves Coinbase. The stablecoin responded to Coinbase’s involvement. It goes like this: “Our reserves are a secret, so NNNNNggh!” (with tongue sticking out). So far, there’s been no response from the more mature people in the room.
MasterCard and Coinbase are holding hands as they stroll through the NFT marketplace, hoping to make it easier for people to buy overpriced artwork.
Myanmar is planning to launch a digital currency.
China’s digital yuan shows why we still need bitcoin. And one U.S. senator wants to monitor China’s digital yuan during the Beijing Winter Olympics. After all, the roll out could be a useful blueprint for the West’s own digital currencies. That will undoubtedly prove useful should the Boston Reserve share its solution to technical challenges involving a digital dollar.
An Indian couple have a blockchain wedding that includes a “digital priest” and NFT vows. Is that true love or inviting future trouble?
The SEC has introduced crypto regulation as a trojan horse. While the 654 pages of gobbledy-gook doesn’t mention crypto, U.S. Securities and Exchange Commissioner Hester Pierce says the legislation could be used to regulate crypto due to its expansive language.
JPMorgan Chase CEO Jamie Dimon has quit using the word “cryptocurrency.” He also doesn’t say “Voldemort.”
GFX Labs is accusing Tron Founder Justin Sun of a governance attack.
The IRS has refunded the gains on Tezos tokens of one couple who staked them. Going forward, the taxing agency may not tax any staked tokens. We’ll just have to see about that.
Public radio and television stations are beginning to accept donations in cryptocurrencies. Unless they can be streamed on Netflix, I don’t see the point.
Binance CEO CZ sent a warning to exchange users of a massive SMS phishing scam. He told them not to click on SMS links. Meanwhile, in Germany, Binance has shared information on customers with the police. The customers are suspects in a murder investigation.
There is a massive Phishing scam via SMS with a link to cancel withdrawals. It leads to a phishing website to harvest your credential as in the screenshot below.
NEVER click on links from SMS!
Always go to https://t.co/9rMMAmtCxH via a bookmark or type it in.
Stay #SAFU pic.twitter.com/erNwe90FN1
— CZ 🔶 Binance (@cz_binance) February 4, 2022
Inquiring minds ask: What constitutes NFT theft?
What you need for mining monero. Because you know you really want to know.
Phantom, a digital wallet company, has raised $109 million. Time for a party!
First published at Cryptocracy. Not financial advice.
Image credit: ThePrint